Filed August 2, 2023 (most recent of 2 filings on file)
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $126,391 | $87,841+43.9% | $133,980-5.7% | $62,891+101.0% |
| Participation rate | 92.4% | 83.4%+9.0pp | 87.1%+5.3pp | 69.3%+23.1pp |
| Annual return | 8.86% | 12.05%-3.2pp | 29.30%-20.4pp | 20.14%-11.3pp |
| Employer contribution / active EE | $5,233 | $3,483+50.2% | $5,211+0.4% | $2,281+129.4% |
| Participant deferral / active EE | $4,013 | $4,812-16.6% | $6,282-36.1% | $3,203+25.3% |
| Admin fee / account holder | $4,865 | $5,371-9.4% | $9,324-47.8% | $4,296+13.3% |